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Renting a property in my name only; can the wife be the landlady?
Hi all, I have a property in my name only, that I bought 5 years ago and am now renting out. For tax reasons, I would like my wife to become the landlady. First of all, in the eyes of the Inland Revenue, is my wife allowed to be the landlady of a property she doesn't own (but her husband does)? Secondly, I am paying a…
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Property Bee disappeared?
Property Bee seems to have gone from my Rightmove, does anyone else have this problem or do any of you know how to fix it please? I have re-installed it, but it's still not showing :(
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How long will it take to unpack?
We are trying to plan holidays next year and need to decide how much time to take off after our house move. We live in a 4 bed roomed house at the moment and have a lot of stuff, books, pictures, china, glass, kitchen equipment all accumulated over 15 years. We are moving to a 5 bed house so we don't plan a major declutter…
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lease extn to 99 years or add 99 years
hello all, my brother has a flat with 60 years left on lease - the value of it with the present lease will be 220,000. he was told he will have to pay 25 K for an extension. after negotiations, he has brought down the figure to 20 K. he asked me if it is ok to agree but i see a problem. the lease extension will take the…
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is there a new renting fee?
I've noticed on some listings an asterix by the monthly rental price and then a message below saying the agent will charge a fee of 14 days rent. is this a new thing? or maybe a different way of charging for something they did anyway? are they making renting more difficult? if someone could explain the charges when you…
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First time offer on a house.. advice appreciated..
Hi guys, I'm looking to put in an offer on a 3 bed semi in Stretford, Manchester (First time buyer). The house is currently listed at 175K and has been on the market since early Nov, so a few weeks. Hearing the usual speil from the EA about lots of interest but no offers as of yet. OH is very keen on it. and we've been…
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How much is it worth?
I'm interested in this property in Bramham, a village near Wetherby and Leeds. Interested to hear views on what it's worth because the local market doesn't have a lot of housing stock so it's tricky to judge. Most houses in the area are much larger and go for 500k+ and are in demand. The smaller cottages come up less often…
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High Street ea V online ea
I am going to rent out a property. I have ample time to conduct viewings+doing ref checks, etc. Do you good people recommend High Street ea's or online ea's as I am failing to see why I, and a prospective tenant, have to pay a HS ea silly amounts of money to do what? My last experience with a HS ea was not a happy one. Any…
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Should I be concerned with this...?
Was walking in from work last night and noticed this in the hallway, near to the ceiling. It's not something I particularly glance at but it caught my eye in the light last night. I rent - is this my fault and would I be charged for it when leaving the property? I don't see it as being anything down to what I could have…
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Student Landlord
Hi I am a student landlord. I have rented out a house to 3 of my friends. I have deducted costs for replacement of doors due to a 'walk in theft' which wasn't covered by insurance where they left the ground floor window open and went out.... I have also deducted cleaning costs. I divided all costs by 4, that is including…
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one or two properties?
hi, been thinking about a couple of ideas and wondering what would make more sense: 1. two properties, a 2-bedroom rented out and a 1-bedroom to live in. this need 2 mortgages, one on buy to let. however, i get a place to myself without having to share. this would mean converting my existing mortgage to a buy to let and…
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Neighbour problem with smoking
Hello, Just looking for some advice :) I live in a housing association flat called (Calico Housing) and my building has 4 flats in 1 building and I am the ground floor flat and my neighbour is above me. Now what it is, is that I am sick of him smoking in the communal area outside he's door and its making the building smell…
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Buy v rent
I was planning to put in an offer for a house this week. I thought I would be buying at a good time as house prices were expected to rise over the next few years. However, I saw the news at the weekend: http://www.thetimes.co.uk/tto/business/economics/article3934379.ece. I am now wandering if I am planning to buy at the…
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Negotiation
I'm trying to decide whether and how much to negotiate on the flat I'm buying. What do you think of my options below? I'm close to exchange and not at all keen to go through the process again but the costs are much higher than expected - the details are in my earlier post so I won't repeat them here. My heart says "do it…
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Help with council tax problem
Hi all, As you can see I don't post here very often but have been a member for a while and love it here. I was hoping someone could provide me with some advice regarding council tax. I moved into a new flat on 1st June 2013 (renting) and I applied for the 25% single person discount on council tax. Glasgow City Council then…
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Mortgage application binding
Are you bound to a mortgage after you have gone through an application? My mortgage advisor has advised me to visit the bank to go through a mortgage application after I have placed an offer. It could be a month or more before I exchange. What would happen if I pulled out e.g. because the survey identifies problems.
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Downsides to freehold?
I'm just in the browsing stage at the moment, but I have in the past heard people say freehold flats are much better than leasehold because you have less chance of being ripped off by a larger management company, and the service charges are normally fairer as a result. But it got me thinking; are there actually some -bad-…
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Housing Assoc renovations result in damage. Where do I stand?
Hi, I'm posting this on behalf of my mum. She lives in a housing assoc property and was advised some renovations would be carried out to the property. In order to do so she would have to lift the carpet on her landing. My mum is 73 years old, is recovering from cancer, has arthritis in her ankles, knees, hips and spine…
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Written offer v verbal offer
Is there any difference between placing an offer: a) Verbally b) In writing I assume that you are still not tied whatsoever if you do it in writing? For example, if I wanted to pull out then this is allowed. I do not intend to pull out. I just want to make sure that by putting it in writing I am not binding myself legally…
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My Buyers Failed to complete on completion day
Today was suppose to be completion day for the sale of my property, however this didn't happen as my buyers failed to complete. I was told by my solicitor that the people at the bottom of the chain their banks are requesting for some additional paperwork on completion day. Obviously my buyers are homeless I'm ok as I've…